[quote=earlyretirement][quote=flu]
It’s part of the game…
Buying an asset, selling it higher…That’s all it is…Someone turns a buck by trying to buy something and tries to find someone else willing to pay more.
Kinda like a business. Build product that costs X, find someone that’s willing to pay X+Y for it…
This is all one big game… That’s all it is.
Someone wins. Someone loses…[/quote]
Sure. But I guess where I’m a bit confused is on any reasonable investment or finance blog or message board, if someone were to mention the stupidity of using credit cards to put in the stock/currency/commodities market, you’d get people agreeing and move on.
I guess this is why I’m spending more time on this board. LOL.[/quote]
Lol. Is that what you’re talking about ?
I think you have agreement on the credit card usage in this example cited…But hey, maybe someone can do better than the 20%APR + the 3% return you would get in a normal investment these days…Ok maybe not most people…Maybe they think they do…
Well, what can you do when you have desperate people….